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, the obama administration points out the typical american household will pay $2,200 in additional taxes next year, which could hurt consumer spending by $200 billion in 2013 and threaten christmas shopping this season. house speaker john boehner and a few other key republicans appear willing to consider tax hikes. billionaire warren buffett chimes in that tax hikes won't stop the wealthy from investing. in our cover story, the woman who led the securities and exchange commission after the 2008 financial crisis is stepping down. mary schapiro took over an agency under fire for ignoring repeated warnings about the bernie madoff ponzi scheme. in 2008, the regulatory sec was itself under scrutiny, critized for failing to anticipate the lehman brothers bankruptcy, which sent financial markets reeling, and also missing the warning signs of bernie madoff's multi-billion dollar ponzi scheme. "before she got there, they almost needed someone to come in and confess." mary schapiro, who president obama said will be replaced by commissioner elisse walter, overhauled sec enforcement and made it more proa
. the obama administration has said, you know what? let people settle this for themselves and instead the u.s. might way, we'll help you and control those ports to make sure weapons aren't being smuggled in. we will play a more aggressive role. that is the challenge for the obama administration, in the second term. whereas the first term i think they wanted a light footprint. >> chris: then there is benghazi. the president and -- let's talk about one aspect of this. we talked about the investigation for a long time. the president is expected to announce a number of top appointments, including cabinet positions in the coming days, conceivably some, it is report, as soon as this week, and, one of the questions is, and you see the two of them there, do you think he will take on this fight, and name susan rice to be secretary of state, bill, and if he were to do so do you think the senate will confirm her? >> president obama hasn't confided in me, who the secretary of state appointment is, i know that is a shock, i rather think he'll appoint her and i think, i'm not a huge fan of hers but i thi
democracy can influence other countries. >>> ben bernanke is pushing congress and the obama administration to reach an agreement on a deal to avoid tax increases and spending cuts. the so-called fiscal cliff. bernanke says without a deal, the fiscal cliff could trigger a recession next year. congress must act by january 1st in order to avoid the automatic tax increases and spending cuts. >>> happening right now, a court hear something underway. a bankruptcy judge is expected to decide on a motion to allow hostess to liquidate. the hearing comes after hostess failed to reach a deal with its striking bakers union. more than 18,000 people are expected to lose their jobs if hostess goes out of business. >>> well, the labor department released the weekly job report a dayer -- a day early. first-time claims for unemployment bennetts fell. the number is still higher -- benefits fell. the number is still higher than expected because of hurricane sandy. 410,000 filed -- filed for benefits. >>> and when the giants will' tickets will be -- and when the giants' tickets will be going on sale. >>> and s
.s. example can influence other countries. >>> ben bernanke is pushing congress and the obama administration to work out an agreement on the deal to avoid tax hikes and spending cuts. bernanke says without a deal, the fiscal cliff could trigger a recession next year. congress has to act by january 1st in order to avoid the automatic tax hikes and spending cuts. >>> secretary of state hillary clinton's efforts to help broke aerocease fire in the united states is fading -- breaker a cease fire in the united states is fading. >>> there are reports this hour that israelis are stepping up air strikes in gaza in retaliation for this bus explosion in tel aviv. israelis are calling it a terrorist attack that hurt at least 18 passengers anaphia bystanders. hamas praised the attack but did not claim responsibility. secretary of state hillary clinton who was in egypt just issued a statement saying the u.s. strongly condemns the attack and ready to provide assistance that israel requires. secretary clinton is calling for a cease fire but also trying to negotiate a longer term solution. >> the goal must
's health care law is moving forward. this week the obama administration laid out a package of rules that included a ban on denying coverage to people with preexisting conditions. many americans don't understand all the changes coming with the affordable care act. health experts say if people don't enroll it could increase premiums for those who do have insurance. 20% of californians are uninsured. >>> a new report shows a sharp drop in the number of u.s. abortions. it shows the biggest decline in a decade. experts estimate it represents almost 40,000 fewer abortions. >>> we just showed you u a live look on interstate 80, all those cars making that thanksgiving holiday. but bill, can you imagine if that rain were still here now? >> i think a lot of people blow out on wednesday night. we had a horrible night. we mentioned that many people will travel today and tomorrow. let's check out the forecast here, as we go into tonight. you can see that we've got a few clouds heading north here. the clouds stay up there basically and we're in this clear zone, right about here, and there's no ra
. >>> federal reserve chairman ben bernanke is pushing congress and the obama administration to reach an agreement of tax increases and spending cuts in the so-called fiscal cliff. without a deal the fiscal cliff could trigger a recession next year and congress must act by january 1st in order to avoid that automatic tax increase and spending cuts. >>> time is 6:15. a new stumbling block for hillary clinton's chances to reach a middle east cease fire. a bus explosion in tel aviv. alison burns is live in our washington, d.c. newsroom. alison. >> reporter: dave, we received a statement from the white house within the past hour calling the attack on innocent civilians outrageous. israelis say it was a terrorist attack the bus bombing in tel aviv hurt at least 18 people. three seriously. hamas praised the attack but did not claim responsibility. secretary of state hillary clinton who is in egypt at this hour also issued a statement saying the u.s. strongly condemns the attack and ready to provide any assistance that israel requires. secretary clinton is is calling for a truth and longer t
Search Results 0 to 5 of about 6